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MaxCoins (OP)
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March 24, 2013, 03:58:28 PM
 #1
http://www.forbes.com/sites/jonmatonis/2013/03/24/cyprus-goes-cashless-the-hard-way/
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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March 24, 2013, 04:25:35 PM
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excellent article.  even got the Rickard quotes in.

i smell something very big.
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March 24, 2013, 10:51:13 PM
 #3
The stars are aligning in the financial system that is breaking down. Be careful with your bank deposits...
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March 24, 2013, 11:55:47 PM
 #4
Great to have Rickards making some statements about The Coin.
His partner was on Bloomberg last week promoting it a bit as well.
Another step in the right direction towards monetary freedom.
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